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20121201
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hiring plans. melissa: yee. >> so it's a real world impact. melissa: catherine, i want to ask you, taxes going up, what is the impact one way or the other on your business? >> well, let's talk about my fastsigns franchises. i will agree with jamie, 97% of our franchisees are sup chapter s or llcs. they're paying income tax on personal income tax return. $50,000 may sound like a lot of money if that is your salary. besides paying mortgage and putting food on the table you will reinvest. if part of the dollars are spent on higher taxes you're not going to. as taxes go up our franchisees's customers are small businesses. they will have less money to spend because they're also pass-through entities. they will buy less from our fastsigns franchises. if taxes go up on middle income people, if that happens because of the fiscal cliff, they will spend less money at the cash register. those people will buy less from fastsigns. melissa: thank you for being here. promise me you will all come back. >> we'll come back. melissa: thank you. >> thank you. melissa: just when you thought there couldn't be
reimbursement for medicare that congress rolls back year after year, these cuts often don't happen. melissa: yee. >> we need serious entitlement reform as boehner proposed. raising eligibility age and changing indexing of benefits. melissa: without question. we're not even close to that. i mean, steve, when you look at these numbers and a lot of people think boehner has gone a great distance today, we're still talking about $460 billion. that is 2.8% of the national debt. in other words almost nothing. >> right, exactly. i think that is the key context for all of these discussions. while i agree with roger i think we've moved closer to some kind of an agreement i would stop short of calling it a big agreement. this would be a small agreement. i think in the broader context, certainly of the debate. in the broader context of the kinds of entitlement reforms and spending reductions we need to see, this will most likely be sort of a patchwork deal with things slopped together at the last minute. i do think the week between christmas and new year's is likely to be key and it won't do much to change
there with him. perfect. lori: yee. melissa: good to have friends in high places. thanks for getting exclusive invitation that may serve as a nice boost for shares. lori: royal baby be a boy, girl or maybe twins? melissa: maybe. lori: both are betting big on this one. the gambling industry getting in on this one. lori: making its debut. it will be listed on the nasdaq 100 next week. how did a company that just went public this year already make its way into the index? shibani joshi is covering this story. >> already flexing its muscles as far as what i'm hearing. the reason facebook decided to list on nasdaq in the first place not just to be on the exchange. we know how the story went but also to be a part of this index which is comprised of the 100 largest nonfinancial stocks that trade. out with the old. in with the new. an indian based i-t consulting firm is out. this is starting beginning of trading day next wednesday, december 12th. many of us hold the nasdaq 100, whether you trade it actively or not. it is part of a lot of big mutual funds, et cetera. a lot big names, google, amazon, net
Search Results 0 to 3 of about 4 (some duplicates have been removed)